Australia’s property market will return to positive territory on the back of last year’s interest rate cuts, it has been predicted. According to a recently released report by the Housing Industry Association (HIA), Australia’s property market defied the doomsayers last year – softening rather than crashing – and 2012 should see a return to growth.
“Another year has passed with portents of doom and gloom regarding residential property prices yet again proving incorrect,” says the report...............................................Full Article: Source